Accountancy Age

ICAEW at Moorgate Place

A RADICAL new accounting regime set to shake-up the UK’s small business reporting landscape could pose a risk to the British economy as an unplanned by-product of an attempt to slash red tape. That’s the stark warning from Nigel Sleigh-Johnson, the ICAEW’s Financial Reporting Faculty head as the government publishes its final recommendations on how the new EU Accounting Directive will be implemented in the UK. Sleigh-Johnson said: “Only time will tell whether…